Here's the latest on $TRUMPUSDT as of May 4, 2025:
📉 Market Snapshot
Current Price: $11.09
24h Change: -13.28%
24h High / Low: $13.50 / $12.02
Market Cap: $2.22 billion
24h Volume: $930 million
Circulating Supply: 200 million TRUMP
📊 Technical Analysis
TRUMPUSDT$ETH experienced a sharp decline of over 14%, dropping to $11.23. This downturn was influenced by significant sell-offs from two major holders, who collectively sold 765,128 TRUMP tokens worth $8.58 million, incurring a combined loss of $2.34 million.$BNB
The token faced strong resistance around the $13.50 mark, with price action showing signs of instability and aggressive sell pressure near the highs.
🔥 Recent Developments
Major Investment: A UAE-backed fund, MGX, plans to use the Trump family's USD1 stablecoin to acquire a $2 billion stake in Binance.
Political Endorsement: President Donald Trump publicly endorsed the TRUMP token, calling it "the greatest of all," leading to a 15% price surge shortly after.
🧭 Trading Insights
Given the recent volatility, traders are advised to exercise caution. Setting a stop-loss at $12.00 and considering entry points around $12.85 may be prudent.
For real-time updates and community discussions, visit Binance's TRUMPUSDT feed.
